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Tianjin-based China Bohai Bank has 1 trillion yuan (US$142 billion) worth of assets. Photo: Handout
China Bohai Bank plans to raise US$2 billion in Hong Kong IPO
- Standard Chartered is the second-largest shareholder in the mid-sized Chinese lender with a 20 per cent stake
- Listing will probably take place in the second half of next year, two sources said
Topic |
IPO
Updated: 10:58pm, 3 Dec, 2019
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Tianjin-based China Bohai Bank has 1 trillion yuan (US$142 billion) worth of assets. Photo: Handout
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Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
China’s onshore funds emerge as ‘buying force’ in Alibaba’s Hong Kong IPO, existing shareholders increase their stakes
- Mainland Chinese institutional investors, large fund houses among first-time buyers in Alibaba’s secondary offering in Hong Kong
- More than half of demand in international tranche came from new investors, CFO Maggie Wu says
Topic |
Alibaba
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Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
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